XRP price edges to $1.34 on higher volume as range holds

XRP edges to $1.34 on higher volume as range holds - GNcrypto

XRP rose 1.08% to $1.3256 on Monday as volume ran 23.4% above its 7-day average, with bids near $1.30-$1.32 steady and offers around $1.33-$1.35 capping price.

XRP traded in a tight band on April 6, ending at $1.34, up 1.08%. Trading volume was 23.4% above its seven-day average, with no token-specific catalyst and price action largely tracking the broader crypto market.

During the session, XRP moved between about $1.29 and $1.34. Buyers supported dips near $1.30, producing a series of higher lows, while selling interest around $1.33-$1.35 limited further gains. Trade narrowed late in the day, pointing to consolidation.

Market participants identify $1.30-$1.32 as the support zone that maintains the current setup. On the upside, $1.33-$1.35 remains the area to clear for additional upside. Activity has increased while price stays contained, indicating mixed conviction at current levels.

XRP edges to $1.33 on higher volume as range holds

XRP’s correlation with the wider crypto complex stayed elevated. Risk assets firmed after reports that the United States and Iran were discussing a 45-day ceasefire, and short liquidations outpaced longs nearly three to one over the past 12 hours. Bitcoin price topped $69,000, gaining about 3%, the highest level in more than a week, as traders returned from the Easter break and covered short positions.

Near term, attention is on whether bids continue to defend $1.30-$1.32 and if price can break through $1.33-$1.35. For now, trading remains inside this range.

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